Private property, Freedom of enterprise and choice, competition, Role of self interest, Markets and price and Achieve but limited governments.
oligopoly and monopoloistic
If you look at the countries of the developed world ("the West"), you will find the characteristics; however, you won't probably find a country that runs only on the principles of this system. There will always be some aspects that won't fit into the description of the market economy.
Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.
A free-market system, although there are no true free market systems. Government always meddles to some extent.
there are no pure market economies today. Even the U.S government, which is commonly known as a market economy, still has some control over decisions.
oligopoly and monopoloistic
list and explain some important characteristics of a computer?
please i'd like to know thecharacteristics of money market especially in Nigeria
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
this are the characteristics of u.s economy,free market,private property,profit,competition, and consumer sovereignty.
If you look at the countries of the developed world ("the West"), you will find the characteristics; however, you won't probably find a country that runs only on the principles of this system. There will always be some aspects that won't fit into the description of the market economy.
large cities, a factory system, a developed transportation system
Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.
A free-market system, although there are no true free market systems. Government always meddles to some extent.
out of date
there are no pure market economies today. Even the U.S government, which is commonly known as a market economy, still has some control over decisions.
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